IBM, NVIDIA, Stone Ridge Technology Set Record in High Performance Computing in Oil & Gas

ARMONK, N.Y. – 25 Apr 2017: IBM (NYSE: IBM) and Stone Ridge Technology today announced a performance milestone in reservoir simulation designed to help improve efficiency and lower the cost of production. Working with NVIDIA, the companies shattered previous published results using one-tenth the power and 1/100th of the space.  The news demonstrates the ability of NVIDIA GPUs to simulate one billion cell models in a fraction of the published time, while delivering 10x the performance and efficiency than legacy CPU codes. 

The breakthrough achievement used 60 Power processors and 120 GPU accelerators shattering the previous supercomputer record which used over a 700,000 processors. The results aim to transform the price and performance for business critical High Performance Computing (HPC) applications for simulation and exploration.

Energy companies use reservoir modeling to predict the flow of oil, water and natural gas in the subsurface of the earth before they drill to figure out how to more efficiently extract the most oil. A billion-cell simulation is extremely challenging due to the level of detail it seeks to provide. Stone Ridge Technology, maker of the ECHELON petroleum reservoir simulation software, completed the billion-cell reservoir simulation in 92 minutes using 30 IBM Power Systems S822LC for HPC servers equipped with 60 POWER processors and 120

NVIDIA® Tesla™ P100 GPU accelerators.

“This calculation is a very salient demonstration of the computational capability and density of solution that GPUs offer. That speed lets reservoir engineers run more models and ‘what-if’ scenarios than previously so they can have insights to produce oil more efficiently, open up fewer new fields and make responsible use of limited resources” said Vincent Natoli, President of Stone Ridge Technology. “By increasing compute performance and efficiency by more than an order of magnitude, we’re democratizing HPC for the reservoir simulation community.”

“This milestone calculation illuminates the advantages of the IBM POWER architecture for data intensive and cognitive workloads.” said Sumit Gupta, IBM Vice President, High Performance Computing, AI & Analytics. “By running ECHELON on IBM Power Systems, users can achieve faster run-times using a fraction of the hardware. The previous record used more than 700,000 processors in a supercomputer installation that occupies nearly half a football field. Stone Ridge did this calculation on two racks of IBM Power Systems machines that could fit in the space of half a ping-pong table.” 

This latest advance challenges perceived misconceptions that GPUs could not be efficient on complex application codes like reservoir simulators and are better suited to simple, more naturally parallel applications such as seismic imaging. The scale, speed and efficiency of the reported result disprove this preconception. The milestone calculation with a relatively small server infrastructure enables small and medium-size oil and energy companies to take advantage of computer-based reservoir modeling and optimize production from their asset portfolio.

Billion cell simulations in the industry are rare in practice, but the calculation was accomplished to highlight the performance differences between new fully GPU based codes like the ECHELON reservoir simulator and equivalent legacy CPU codes. ECHELON scales from the cluster to the workstation and while it can simulate a billion cells on 30 servers, it can also run smaller models on a single server or even on a single NVIDIA P100 board in a desktop workstation, the latter two use cases being more in the sweet spot for the energy industry.

“The energy industry was among the first to adopt GPUs for numerical modeling, using them to accelerate seismic processing,” said Marc Hamilton, Vice President of Solutions Architecture and Engineering at NVIDIA. “They are now making a powerful impact on reservoir simulation, and we expect this to drive further efforts to utilize GPUs for other computationally intense workflows in the oil and gas sector.”

This latest breakthrough showcases the ability of IBM Power Systems with NVIDIA GPUs to achieve similar performance leaps in other fields such as computational fluid dynamics, structural mechanics, climate modeling and others that are critically used throughout the manufacturing and scientific community.  

United States Urinalysis Devices Market Size 2017, Market Benefits, Forthcoming Developments, Business Opportunities & Future Investments

United States Urinalysis Devices Market Report provides an analytical assessment of the prime challenges faced by this Market currently and in the coming years, which helps United States Urinalysis Devices Market participants in understanding the problems they may face while operating in this Market over a longer period of time.

Various policies and news are also included in the United States Urinalysis Devices Market report. Various costs involved in the production of United States Urinalysis Devices are discussed further. This includes labour cost, depreciation cost, raw material cost and other costs.

Detailed TOC and Charts & Tables of United States Urinalysis Devices Market Research Report available at- https://www.absolutereports.com/10747563

The production process is analysed with respect to various aspects like, manufacturing plant distribution, capacity, commercial production, R&D status, raw material source and technology source. This provides the basic information about the United States Urinalysis Devices industry.
Further in the United States Urinalysis Devices Market research report, following points are included along with in-depth study of each point:

Production Analysis – Production of the United States Urinalysis Devices Market is analysed with respect to different regions, types and applications. Here, price analysis of various United States Urinalysis Devices Market key players is also covered.

Sales and Revenue Analysis – Both, sales and revenue are studied for the different regions of the global United States Urinalysis Devices Market. Another major aspect, price, which plays important part in the revenue generation is also assessed in this section for the various regions.

Supply and Consumption – In continuation with sales, this section studies supply and consumption for the United States Urinalysis Devices Market. This part also sheds light on the gap between supple and consumption. Import and export figures are also given in this part.

Competitors – In this section, various United States Urinalysis Devices industry leading players are studied with respect to their company profile, product portfolio, capacity, price, cost and revenue.

Other analyses – Apart from the aforementioned information, trade and distribution analysis for the United States Urinalysis Devices Market, contact information of major manufacturers, suppliers and key consumers is also given. Also, SWOT analysis for new projects and feasibility analysis for new investment are included.

Get a Sample of United States Urinalysis Devices Market research report from – https://www.absolutereports.com/enquiry/request-sample/10747563

The following firms are included in the United States Urinalysis Devices Market report:

  • Bayer
  • Mindray Medical International
  • Siemens Healthineers
  • Bio-Rad Laboratories
  • Beckman Coulter
  • Hoffmann-La Roche
  • KOVA International
  • Arkray
  • Sysmex
  • 77 Elektronika

No. of Report Pages: 96

Price of Report (single User Licence): $ 3800

Get this Report at: https://www.absolutereports.com/purchase/10747563

In continuation with this data sale price is for various types, applications and region is also included. The United States Urinalysis Devices Market for major regions is given. Additionally, type wise and application wise consumption figures are also given.

The United States Urinalysis Devices Market has been segmented as below:

By Product Analysis:

  • Macroscopic Urinalysis Devices
  • Sediments/Microscopic Urinalysis Devices
  • Other

By Regional Analysis:

  • The West
  • Southwest
  • The Middle Atlantic
  • New England
  • The South
  • The Midwest

By End Users/Applications Analysis:

  • Hospitals
  • Clinics
  • Independent Laboratories
  • Other

Have any query regarding the United States Urinalysis Devices Market report? Ask our Experts @ http://www.absolutereports.com/enquiry/pre-order-enquiry/10747563

 

Flotek and IBM Begin Development of Cognitive Reservoir Performance System for Upstream Oil & Gas Industry

HOUSTON & ARMONK, N.Y. – 25 Apr 2017: IBM (NYSE: IBM) and Flotek Industries, Inc. (NYSE: FTK) today announced a global agreement to develop a cognitive reservoir performance system for the oil and gas industry. The new system uses IBM Watson Explorer technology to analyze Flotek’s proprietary oilfield chemistry research, oil & gas client-contributed data and publicly reported sources from completion and production to reveal insights and identify new approaches to enhance the performance of wells throughout their entire life-cycle. For example, this solution will enhance oilfields by enabling decision making using machine learning for better production performance to improve oil recovery.

“The digital age has brought a massive amount of insight-rich industry data related to well-depths and rock formations,” said Luq Niazi, Global Managing Director, Chemical & Petroleum Industries, IBM Consulting. “With IBM Watson Explorer, our clients will gain insights that can be interpreted quickly to understand exactly what is happening at a client’s well and deliver value to the core of the business.”

Flotek’s Reservoir Cognitive Consultant TM (RC2TM) will enable

better decisions using machine learning to maximize reservoir performance through the Watson platform. The service will allow Flotek data scientists and chemists to search and analyze troves of historical and experiential data from thousands of client wells in real-time and apply their unique technical expertise to discover critical trends and insights.

“We are committed to maximizing reservoir performance, ultimate recovery and client investments. For years, our clients have communicated the need for predictive data related to well performance rather than reactive, backward-looking information available in the energy industry,” said John Chisholm, chairman of the board, CEO and president of Flotek. “Reservoir Cognitive Consultant will bring greater transparency to the oilfield by identifying specific challenges facing our clients through prescriptive chemistry technology designed to deliver measurable, transformative results.”

About Flotek Industries, Inc.

Flotek develops and delivers prescriptive chemistry-based technology, including specialty chemicals, to clients in the energy, consumer industrials and food & beverage industries. Flotek’s inspired chemists draw from the power of bio-derived solvents to deliver solutions that enhance energy production, cleaning products, foods & beverages and fragrances. In the oil and gas sector, Flotek serves major and independent energy producers and oilfield service companies, both domestic and international. Flotek Industries, Inc. is a publicly traded company headquartered in Houston, Texas, and its common shares are traded on the New York Stock Exchange under the ticker symbol “FTK.” For additional information, please visit Flotek’s web site at www.flotekind.com.

3M Delivers First-Quarter Sales of $7.7 Billion and Earnings of $2.16 per Share; Company Raises Its Full-Year 2017 Outlook

First-Quarter Highlights:

  • Sales of $7.7 billion, up 3.7 percent; organic local-currency growth of 4.6 percent
  • GAAP EPS of $2.16, up 5.4 percent year-on-year
  • GAAP operating income margins of 23.1 percent, down 100 basis points; includes $136 million, or 180 basis point impact from strategic investments
  • Returned $1.4 billion to shareholders via dividends and gross share repurchases
  • Announced pending acquisition of Scott Safety, a premier safety solutions company

Tuesday, April 25, 2017 6:30 am CDT

Dateline:

ST. PAUL, Minn.

Public Company Information:

“The 3M team delivered a strong start to 2017, marked by organic sales growth of 5 percent – with positive growth in all geographic areas”

ST. PAUL, Minn.–(BUSINESS WIRE)–3M (NYSE: MMM) today reported first-quarter earnings of $2.16 per share, an increase of 5.4 percent versus the first quarter of 2016. Sales were $7.7 billion, up 3.7 percent year-on-year in dollar terms. Organic local-currency sales increased 4.6 percent while divestitures reduced sales by 0.4 percent. Foreign currency translation decreased sales by 0.5 percent year-on-year.

Operating income was $1.8 billion and operating income margins for the quarter were 23.1 percent, down 1.0 percentage point year-on-year. This result includes an incremental $136 million of strategic investments in growth, productivity and portfolio actions. First-quarter net income was $1.3 billion, up 3.7 percent. The company’s operating cash flow was $1.0 billion, contributing to conversion of 53 percent of net income to free cash flow, as referenced in the “Supplemental Financial Information Non-GAAP Measures” section.

3M paid $702 million in cash dividends to shareholders and repurchased $690 million of its own shares during the quarter.

Organic local-currency sales growth was 11.5 percent in Electronics and Energy, 5.7 percent in Industrial, 4.8 percent in Safety and Graphics, 3.1 percent in Health Care, with a decline of 1.2 percent in Consumer. On a geographic basis, organic local-currency sales growth was broad-based, led by Asia Pacific at 10.1 percent; growth was 4.0 percent in EMEA (Europe, Middle East and Africa), 2.3 percent in Latin America/Canada and 1.4 percent in the U.S.

“The 3M team delivered a strong start to 2017, marked by organic sales growth of 5 percent – with positive growth in all geographic areas,” said Inge G. Thulin, 3M’s chairman, president and chief executive officer. “At the same time, we increased investments across the enterprise to further accelerate growth and improve productivity, while increasing our dividend for the 59th consecutive year. In the first quarter we also announced the acquisition of Scott Safety, which will bolster 3M’s already strong position in the personal safety market.”

3M updated its guidance for 2017 due to a strong first-quarter performance and improved outlook. The company now forecasts organic local-currency sales growth to be 2 to 5 percent, up from previous guidance of 1 to 3 percent.

3M expects earnings in the range of $8.70 to $9.05 per share – up 7 to 11 percent year-on-year – versus a prior expectation of $8.45 to $8.80. This includes a $0.05 to $0.10 benefit from the gain on sale of the pending Identity Management divestiture, net of various investments to drive growth and improve productivity.

The company also anticipates its full-year tax rate will be 26.0 to 27.5 percent, versus a prior range of 28.0 to 29.0 percent. Finally, 3M affirmed its free cash flow expectation of 95 to 105 percent.

First-Quarter Business Group Discussion

Industrial

  • Sales of $2.7 billion, up 4.2 percent in U.S. dollars. Organic local-currency sales increased 5.7 percent, foreign currency translation reduced sales by 0.8 percent and divestitures reduced sales by an additional 0.7 percent.
  • On an organic local-currency basis:
    • Sales grew in all businesses, led by automotive and aerospace solutions, advanced materials, abrasives, industrial adhesives and tapes, and automotive aftermarket.
    • Sales grew in Asia Pacific, the U.S., and EMEA; Latin America/Canada was flat.
  • Operating income was $625 million, an increase of 0.5 percent year-on-year; operating margin of 23.1 percent.

Safety and Graphics

  • Sales of $1.5 billion, up 3.4 percent in U.S. dollars. Organic local-currency sales increased 4.8 percent, while foreign currency translation reduced sales by 0.6 percent and divestitures decreased sales by 0.8 percent.
  • On an organic local-currency basis:
    • Sales increased in roofing granules, personal safety, and traffic safety and security; commercial solutions was flat.
    • Sales grew in all areas, led by EMEA, Asia Pacific and the U.S.
  • Operating income was $399 million, up 11.2 percent year-on-year; operating margin of 26.1 percent.

Health Care

  • Sales of $1.4 billion, up 2.3 percent in U.S. dollars. Organic local-currency sales increased 3.1 percent and foreign currency translation reduced sales by 0.8 percent.
  • On an organic local-currency basis:
    • Sales grew in drug delivery systems, food safety, oral care, and medical consumables; health information systems declined.
    • Sales grew in all areas, led by Latin America/Canada, Asia Pacific and the U.S.
  • Operating income was $434 million, a decrease of 5.2 percent year-on-year; operating margin of 30.5 percent.

Electronics and Energy

  • Sales of $1.2 billion, up 11.1 percent in U.S. dollars. Organic local-currency sales increased 11.5 percent, foreign currency translation reduced sales by 0.2 percent and divestitures decreased sales by 0.2 percent.
  • On an organic local-currency basis:
    • Electronics-related sales were up 18 percent with growth in both display materials and systems, and electronics materials solutions; energy-related sales were up 1 percent with growth in electrical markets; telecom was flat.
    • Sales grew in Asia Pacific, EMEA and the U.S.; Latin America/Canada was flat.
  • Operating income was $225 million, an increase of 15.1 percent year-on-year; operating margin of 18.6 percent.

Consumer

  • Sales of $1.0 billion, down 0.7 percent in U.S. dollars. Organic local-currency sales decreased 1.2 percent and foreign currency translation increased sales by 0.5 percent.
  • On an organic local-currency basis:
    • Sales grew in home improvement, consumer health care and home care; stationery and office declined.
    • Sales grew in Asia Pacific and Latin America/Canada, were flat in EMEA, and declined in the U.S.
  • Operating income was $222 million, down 6.8 percent year-on-year; operating margin of 21.3 percent.

3M will conduct an investor teleconference at 9:00 a.m. EDT (8:00 a.m. CDT) today. Investors can access this conference via the following:

  • Live webcast at http://investors.3M.com.
  • Live telephone:
    Call 800-762-2596 within the U.S. or +1 212-231-2916 outside the U.S. Please join the call at least 10 minutes before the start time.
  • Webcast replay:
    Go to 3M’s Investor Relations website at http://investors.3M.com and click on “Quarterly Earnings.”
  • Telephone replay:
    Call 800-633-8284 within the U.S. or +1 402-977-9140 outside the U.S. (for both U.S. and outside the U.S., the access code is 21841622). The telephone replay will be available until 11:30 a.m. EDT (10:30 a.m. CDT) on April 30, 2017.

Forward-Looking Statements
This news release contains forward-looking information about 3M’s financial results and estimates and business prospects that involve substantial risks and uncertainties. You can identify these statements by the use of words such as “anticipate,” “estimate,” “expect,” “aim,” “project,” “intend,” “plan,” “believe,” “will,” “should,” “could,” “target,” “forecast” and other words and terms of similar meaning in connection with any discussion of future operating or financial performance or business plans or prospects. Among the factors that could cause actual results to differ materially are the following: (1) worldwide economic, political, and capital markets conditions and other factors beyond the Company’s control, including natural and other disasters or climate change affecting the operations of the Company or its customers and suppliers; (2) the Company’s credit ratings and its cost of capital; (3) competitive conditions and customer preferences; (4) foreign currency exchange rates and fluctuations in those rates; (5) the timing and market acceptance of new product offerings; (6) the availability and cost of purchased components, compounds, raw materials and energy (including oil and natural gas and their derivatives) due to shortages, increased demand or supply interruptions (including those caused by natural and other disasters and other events); (7) the impact of acquisitions, strategic alliances, divestitures, and other unusual events resulting from portfolio management actions and other evolving business strategies, and possible organizational restructuring; (8) generating fewer productivity improvements than estimated; (9) unanticipated problems or delays with the phased implementation of a global enterprise resource planning (ERP) system, or security breaches and other disruptions to the Company’s information technology infrastructure; (10) financial market risks that may affect the Company’s funding obligations under defined benefit pension and postretirement plans; and (11) legal proceedings, including significant developments that could occur in the legal and regulatory proceedings described in the Company’s Annual Report on Form 10-K for the year ended Dec. 31, 2016, and any subsequent quarterly reports on Form 10-Q (the “Reports”). Changes in such assumptions or factors could produce significantly different results. A further description of these factors is located in the Reports under “Cautionary Note Concerning Factors That May Affect Future Results” and “Risk Factors” in Part I, Items 1 and 1A (Annual Report) and in Part I, Item 2 and Part II, Item 1A (Quarterly Reports). The information contained in this news release is as of the date indicated. The Company assumes no obligation to update any forward-looking statements contained in this news release as a result of new information or future events or developments.

   

3M Company and Subsidiaries
CONSOLIDATED STATEMENT OF INCOME
(Millions, except per-share amounts)
(Unaudited)

 
Three months ended
March 31,
2017 2016
 
Net sales $ 7,685   $ 7,409  
 
Operating expenses
Cost of sales 3,869 3,678
Selling, general and administrative expenses 1,571 1,493
Research, development and related expenses   471     450  
 
Total operating expenses   5,911     5,621  
 
Operating income   1,774     1,788  
 
Interest expense and income
Interest expense 45 47
Interest income   (8 )   (5 )
 
Total interest expense – net   37     42  
 
Income before income taxes 1,737 1,746
 
Provision for income taxes   411     468  
 
Net income including noncontrolling interest $ 1,326   $ 1,278  
 
Less: Net income attributable to noncontrolling interest   3     3  
 
Net income attributable to 3M $ 1,323   $ 1,275  
 
Weighted average 3M common shares outstanding – basic 598.1 607.4
Earnings per share attributable to 3M common shareholders – basic $ 2.21   $ 2.10  
 
Weighted average 3M common shares outstanding – diluted 612.0 621.3
Earnings per share attributable to 3M common shareholders – diluted $ 2.16   $ 2.05  
 
Cash dividends paid per 3M common share $ 1.175   $ 1.11  
 
   

3M Company and Subsidiaries
CONDENSED CONSOLIDATED BALANCE SHEET
(Dollars in millions)
(Unaudited)

 
March 31, December 31,
2017 2016
ASSETS
Current assets
Cash and cash equivalents $ 2,173 $ 2,398
Marketable securities – current 141 280
Accounts receivable – net 4,722 4,392
Inventories 3,612 3,385
Other current assets   1,253     1,271  
Total current assets   11,901     11,726  
Marketable securities – non-current 17 17
Investments 133 128
Property, plant and equipment – net 8,551 8,516
Goodwill and intangible assets – net 11,527 11,486
Other assets   1,163     1,033  
Total assets $ 33,292   $ 32,906  
 
LIABILITIES AND EQUITY
Current liabilities

Short-term borrowings and current portion of long-term debt

$ 909 $ 972
Accounts payable 1,701 1,798
Accrued payroll 532 678
Accrued income taxes 433 299
Other current liabilities   2,420     2,472  
Total current liabilities   5,995     6,219  
Long-term debt 10,802 10,678
Other liabilities   5,455     5,666  
Total liabilities $ 22,252   $ 22,563  
 
Total equity $ 11,040 $ 10,343
Shares outstanding
March 31, 2017: 597,239,576 shares
December 31, 2016: 596,726,278 shares        
Total liabilities and equity $ 33,292   $ 32,906  
 
   

3M Company and Subsidiaries

CONDENSED CONSOLIDATED STATEMENT OF CASH FLOWS

(Dollars in millions)

(Unaudited)

 
Three months ended
March 31,
2017 2016
NET CASH PROVIDED BY OPERATING ACTIVITIES $ 988   $ 1,260  
 
Cash flows from investing activities:
Purchases of property, plant and equipment (287 ) (314 )
Acquisitions, net of cash acquired (4 )
Purchases and proceeds from sale or maturities of marketable securities and investments – net 138 (61 )
Other investing activities   59     99  
 
NET CASH USED IN INVESTING ACTIVITIES   (90 )   (280 )
 
Cash flows from financing activities:
Change in debt (68 ) 138
Purchases of treasury stock (690 ) (1,227 )
Proceeds from issuances of treasury stock pursuant to stock option and benefit plans 315 357
Dividends paid to shareholders (702 ) (672 )
Other financing activities   (6 )   (22 )
 
NET CASH USED IN FINANCING ACTIVITIES   (1,151 )   (1,426 )
 
Effect of exchange rate changes on cash and cash equivalents   28     (15 )
 
Net increase (decrease) in cash and cash equivalents (225 ) (461 )
Cash and cash equivalents at beginning of year   2,398     1,798  
 
Cash and cash equivalents at end of period $ 2,173   $ 1,337  
 
     

3M Company and Subsidiaries
SUPPLEMENTAL FINANCIAL INFORMATION
NON-GAAP MEASURES
(Dollars in millions, except full-year 2017 forecast)
(Unaudited)

 
Three months ended
March 31,
Major GAAP Cash Flow Categories 2017 2016
 
Net cash provided by operating activities $ 988 $ 1,260
Net cash used in investing activities (90 ) (280 )
Net cash used in financing activities (1,151 ) (1,426 )
 
Free Cash Flow (non-GAAP measure)

Full-Year 2017
Forecast
(Billions)

 
Net cash provided by operating activities $ 988 $ 1,260 $6.3 to $7.3
Purchases of property, plant and equipment   (287 )   (314 ) $1.3 to $1.5
Free cash flow (a)   701     946   $5.0 to $5.8

 

Net income attributable to 3M $ 1,323 $ 1,275 $5.3 to $5.5
Free cash flow conversion (a) 53 % 74 % 95% to 105%

___________________

(a)  Free cash flow and free cash flow conversion are not defined under U.S. generally accepted accounting principles (GAAP). Therefore, they should not be considered a substitute for income or cash flow data prepared in accordance with U.S. GAAP and may not be comparable to similarly titled measures used by other companies. The Company defines free cash flow as net cash provided by operating activities less purchases of property, plant and equipment. It should not be inferred that the entire free cash flow amount is available for discretionary expenditures. The Company defines free cash flow conversion as free cash flow divided by net income attributable to 3M. The Company believes free cash flow and free cash flow conversion are meaningful to investors as they function as useful measures of performance, and the Company uses these measures as an indication of the strength of the company and its ability to generate cash.

 
March 31, December 31,
Net Debt (non-GAAP measure) 2017 2016
 
Total debt $ 11,711 $ 11,650
Less: Cash and cash equivalents and marketable securities   2,331     2,695
 
Net debt (b) $ 9,380 $ 8,955

___________________

(b)  Net debt is not defined under U.S. GAAP and may not be computed the same as similarly titled measures used by other companies. The Company defines net debt as total debt less the total of cash, cash equivalents and current and long-term marketable securities. 3M believes net debt is meaningful to investors as 3M considers net debt and its components to be an important indicator of liquidity and a guiding measure of capital structure strategy.

 

3M Company and Subsidiaries
SALES CHANGE ANALYSIS (c)
(Unaudited)

         
Three months ended March 31, 2017
Europe,
Middle Latin
Sales Change Analysis United Asia- East and America/ World-
By Geographic Area States Pacific Africa Canada Wide
 
Volume – organic 1.7 % 10.1 % 3.7 % 0.4 % 4.5 %
Price (0.3 )   0.3   1.9   0.1  
Organic local-currency sales 1.4 10.1 4.0 2.3 4.6
Divestitures (0.9 ) (0.1 ) (0.1 ) (0.5 ) (0.4 )
Translation   (0.1 ) (4.0 ) 4.3   (0.5 )
Total sales change 0.5   % 9.9   % (0.1 ) % 6.1   % 3.7   %
 
       
Three months ended March 31, 2017
Organic
Worldwide local- Total
Sales Change Analysis currency sales
By Business Segment sales Divestitures Translation change
 
Industrial 5.7 % (0.7 ) % (0.8 ) % 4.2 %
Safety and Graphics 4.8 % (0.8 ) % (0.6 ) % 3.4 %
Health Care 3.1 % % (0.8 ) % 2.3 %
Electronics and Energy 11.5 % (0.2 ) % (0.2 ) % 11.1 %
Consumer (1.2 ) %   % 0.5   % (0.7 ) %
Total Company 4.6   % (0.4 ) % (0.5 ) % 3.7   %

___________________

(c)  Total sales change is calculated based on reported sales results. The components of sales change include organic local-currency sales, acquisitions, divestitures and translation. Organic local-currency sales includes both organic volume impacts (which excludes acquisition and divestiture impacts), plus selling price changes. Acquisition and divestiture impacts are measured separately for the first 12 months post-transaction.

 

3M Company and Subsidiaries
BUSINESS SEGMENTS
(Dollars in millions)
(Unaudited)

Effective in the first quarter of 2017, as part of 3M’s continuing effort to improve the alignment of its businesses around markets and customers the Company made the following changes:

  1. Integrated the former Renewable Energy Division into existing divisions;
  2. Combined two divisions to form the Automotive and Aerospace Solutions Division; and
  3. Consolidated U.S. customer account activity – impacting dual credit reporting

Integration of former Renewable Energy Division

  • The (a) solar and wind and (b) energy product lines (along with certain technology previously included in Corporate and Unallocated) of the former Renewable Energy Division (RED) were integrated into the existing Electrical Markets Division and Electronics Materials and Solutions Division, respectively, within the Electronics and Energy business segment. In addition, the former RED window film products were moved into the Commercial Solutions Division within the Safety and Graphics business segment. This change resulted in a decrease in previously reported net sales and operating income for total year 2016 of $203 million and $38 million, respectively, in the Electronics and Energy segment. These decreases were offset by a $207 million and $29 million increase in previously reported total year 2016 net sales and operating income, respectively, in the Safety and Graphics business segment, and a $4 million decrease and $9 million increase in previously reported net sales and operating income, respectively, in Corporate and Unallocated.

Creation of Automotive and Aerospace Solutions Division

  • The former Automotive Division and Aerospace and Commercial Transportation Division (both within the Industrial business segment) were combined to create the Automotive and Aerospace Solutions Division. Because this realignment was within the Industrial business segment, it had no impact on business segment reporting.

Consolidation of U.S. customer account activity – impacting dual credit reporting

  • The Company consolidated its customer account activity in the U.S. into more centralized sales districts to better serve customers. 3M business segment reporting measures include dual credit to business segments for certain U.S. sales and related operating income. This dual credit is based on which business segment provides customer account activity (“sales district”) with respect to a particular product sold in the U.S. Previously, a customer in the U.S. may have been aligned to several sales districts associated with multiple divisions or segments based on the individual products the customer purchased across 3M’s portfolio. The alignment of U.S. customer accounts to fewer, more focused sales districts therefore changed the attribution of dual credit across 3M’s business segments. As a result, previously reported aggregate business segment net sales and operating income for total year 2016 increased $163 million and $36 million, respectively, offset by similar increases in the elimination of dual credit net sales and operating income amounts.

The financial information presented herein reflects the impact of the preceding product line reporting change between business segments for all periods presented. Refer to 3M’s Current Report on Form 8-K furnished on March 9, 2017, for additional supplemental unaudited historical business segment net sales and operating income information.

   
BUSINESS SEGMENT INFORMATION Three months ended
NET SALES March 31,
(Millions) 2017 2016
 
Industrial $ 2,709 $ 2,599
Safety and Graphics 1,527 1,477
Health Care 1,423 1,391
Electronics and Energy 1,210 1,089
Consumer 1,042 1,050
Corporate and Unallocated 2
Elimination of Dual Credit   (228 )   (197 )
 
Total Company $ 7,685   $ 7,409  
 
   
BUSINESS SEGMENT INFORMATION Three months ended
OPERATING INCOME March 31,
(Millions) 2017 2016
 
Industrial $ 625 $ 622
Safety and Graphics 399 359
Health Care 434 457
Electronics and Energy 225 195
Consumer 222 238
Corporate and Unallocated (81 ) (40 )
Elimination of Dual Credit   (50 )   (43 )
 
Total Company $ 1,774   $ 1,788  
 

About 3M
At 3M, we apply science in collaborative ways to improve lives daily. With $30 billion in sales, our 90,000 employees connect with customers all around the world. Learn more about 3M’s creative solutions to the world’s problems at www.3M.com or on Twitter @3M or @3MNewsroom.

Data-as-a-Service Market 2021: Trends, Drivers, Strategies, Applications and Competitive Landscape

The Data-as-a-Service Market Report Forecast 2017-2021 is a valuable source of understanding data for business strategies. Global Data-as-a-Service Market overview with growth analysis and historical & futuristic cost, revenue, demand and supply data. The research analysts provide an elaborate description of the value chain and its distributor analysis. This Data-as-a-Service industry provides comprehensive data which enhances the understanding, scope and application of this report.

Analysts forecast the Global Data-as-a-Service Market to grow at a CAGR of 43.72% during the period 2017-2021.

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The global IVR system market is highly competitive and diversified due to the presence of many regional and international vendors across the globe. Data-as-a-Service Market Report is a meticulous investigation of current scenario of the global market, which covers several market dynamics.

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Key Manufacturers of Data-as-a-Service Market:

  • IBM
  • Microsoft
  • Oracle
  • SAP
  • Accenture
  • Alteryx
  • Altiscale
  • Other

Global Data-as-a-Service Market report provides key statistics on the market status of the Data-as-a-Service manufacturers and is a valuable source of guidance and direction for companies and individuals interested in the industry.

Market driver

  • Exponential growth in data
  • For a full, detailed list, view our report

Market challenge

  • Data security concerns
  • For a full, detailed list, view our report

Market trend

  • Rise in demand for data recovery services
  • For a full, detailed list, view our report

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Geographical Segmentation of Data-as-a-Service Market:
• Americas

  • APAC
  • EMEA

The Data-as-a-Service report also presents the vendor landscape and a corresponding detailed analysis of the major vendors operating in the market. Data-as-a-Service report scrutinizes the market latent for each geographical region based on the development rate, macroeconomic parameters, consumer buying patterns, and market demand and supply scenarios.

Key questions answered in Data-as-a-Service market report:

  • What are the key trends in Market?
  • What are the Growth Restraints of this market?
  • What will the market size & growth be in 2021?
  • Who are the key manufacturer in this market space?
  • What are the Market opportunities, market risk and market overview?
  • How revenue of this Industry in previous & next coming years?

Data-as-a-Service Market report then estimates 2017-2021 market development trends of Industry. Analysis of upstream raw materials, downstream demand, and current market dynamics is also carried out. In the end, the report makes some important proposals for a new project of Data-as-a-Service Market before evaluating its feasibility.

And continued….

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AutoNation Reports First Quarter 2017 Results

FORT LAUDERDALE, Fla., April 25, 2017 /PRNewswire/ — AutoNation, Inc. (NYSE: AN), America’s largest automotive retailer, today reported first quarter 2017 net income from continuing operations of $98 million, or $0.97 per share. First quarter 2016 net income from continuing operations totaled $96 million, or $0.90 per share.

First quarter 2017 revenue of $5.1 billion, and gross profit of $820 million were relatively flat compared to the year-ago period.

Mike Jackson, Chairman and Chief Executive Officer, said, „During the first quarter, we saw increasing used unit volumes as we focused on our One Price strategy, which is now fully rolled out at all AutoNation stores, and worked through the majority of the inventory that was previously on recall hold.  We expect to see a sequential increase in the second quarter in both used unit volumes and gross profit per vehicle retailed.”

Segment Results
Segment results(1) for the first quarter 2017 were as follows:

First Quarter 2017 Segment Results

  • Domestic – Domestic segment income(2) was $61 million compared to year-ago segment income of $77 million, a decrease of 21%.
  • Import – Import segment income(2) was $72 million compared to year-ago segment income of $76 million, a decrease of 6%.
  • Premium Luxury – Premium Luxury segment income(2) was $81 million compared to year-ago segment income of $83 million, a decrease of 3%.

The first quarter conference call may be accessed by telephone at (888) 769-8515 (password: AutoNation) at 11:00 a.m. Eastern Time today or on AutoNation’s investor relations website at http://investors.autonation.com.

The webcast will also be available on AutoNation’s website under „Events & Presentations” following the call. A playback of the conference call will be available after 1:00 p.m. Eastern Time on April 25, 2017, through May 9, 2017, by calling (866) 441-1051 (passcode 5481).

(1)

AutoNation has three operating segments: Domestic, Import, and Premium Luxury. The Domestic segment is comprised of stores that sell vehicles manufactured by General Motors, Ford, and FCA US; the Import segment is comprised of stores that sell vehicles manufactured primarily by Toyota, Honda, Nissan, and Hyundai; and the Premium Luxury segment is comprised of stores that sell vehicles manufactured primarily by Mercedes-Benz, BMW, Lexus, and Audi.

(2)

Segment income represents income for each of our reportable segments and is defined as operating income less floorplan interest expense.

About AutoNation, Inc.
AutoNation, America’s largest automotive retailer, through its bold leadership, innovation and its comprehensive brand extensions, is transforming the automotive industry. As of March 31, 2017, AutoNation owned and operated 372 new vehicle franchises from coast to coast. AutoNation has sold over 10 million vehicles, the first automotive retailer to reach this milestone. AutoNation’s success is driven by a commitment to delivering a peerless experience through customer-focused sales and service processes. Through its Drive Pink initiative, AutoNation is committed to drive out cancer, create awareness and support critical research. AutoNation continues to be a proud supporter of the Breast Cancer Research Foundation and other cancer-related charities.

Please visit investors.autonation.com, www.autonation.com, www.autonationdrive.com, www.twitter.com/autonation, www.twitter.com/CEOMikeJackson, www.facebook.com/autonation, and www.facebook.com/CEOMikeJackson, where AutoNation discloses additional information about the Company, its business, and its results of operations.

FORWARD-LOOKING STATEMENTS
This news release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements other than statements of historical fact are, or may be deemed to be, forward-looking statements. Words such as „anticipates,” „expects,” „intends,” „goals,” „plans,” „believes,” „continues,” „may,” „will,” „could,” and variations of such words and similar expressions are intended to identify such forward-looking statements. Statements regarding our strategic initiatives, including our brand extension strategies, open safety recalls, and expectations for future results and the future performance of our franchises (including with respect to sales of used vehicles) and the automotive retail industry, as well as other statements that describe our objectives, goals, or plans are forward-looking statements. Our forward-looking statements reflect our current expectations concerning future results and events, and they involve known and unknown risks, uncertainties and other factors that are difficult to predict and may cause our actual results, performance or achievements to be materially different from any future results, performance and achievements expressed or implied by these statements. These risks, uncertainties and other factors include, among others: economic conditions, including conditions in the credit markets and changes in interest rates; new and used vehicle margins; the success and financial viability and the incentive and marketing programs of vehicle manufacturers and distributors with which we hold franchises; our ability to successfully implement, and customer adoption of, our brand extension strategies; our ability to identify, acquire, and build out suitable locations in a timely manner; our ability to maintain and enhance our retail brands and reputation and to attract consumers to our own digital channels; our ability to integrate successfully acquired and awarded franchises and to attain planned sales volumes within our expected time frames; restrictions imposed by vehicle manufacturers and our ability to obtain manufacturer approval for acquisitions; natural disasters and other adverse weather events; the resolution of legal and administrative proceedings; regulatory factors affecting our business, including fuel economy requirements; the announcement of safety recalls; factors affecting our goodwill and other intangible asset impairment testing; and other factors described in our news releases and filings made under the securities laws, including, among others, our Annual Reports on Form 10-K, our Quarterly Reports on Form 10-Q and our Current Reports on Form 8-K. Forward-looking statements contained in this news release speak only as of the date of this news release, and we undertake no obligation to update these forward-looking statements to reflect subsequent events or circumstances.

AUTONATION, INC. 

UNAUDITED CONDENSED CONSOLIDATED INCOME STATEMENTS

(In millions, except per share data)

Three Months Ended March 31,

2017

2016

Revenue:

New vehicle

$

2,796.2

$

2,800.2

Used vehicle

1,240.9

1,241.6

Parts and service

845.1

820.4

Finance and insurance, net

221.6

223.1

Other

35.6

34.3

Total revenue

5,139.4

5,119.6

Cost of sales:

New vehicle

2,651.9

2,651.0

Used vehicle

1,163.9

1,150.6

Parts and service

474.1

465.7

Other

29.7

26.4

Total cost of sales

4,319.6

4,293.7

Gross profit

819.8

825.9

Selling, general, and administrative expenses

595.3

588.7

Depreciation and amortization

37.3

34.8

Other income, net

(19.5)

(5.0)

Operating income

206.7

207.4

Non-operating income (expense) items:

Floorplan interest expense

(21.5)

(18.9)

Other interest expense

(28.8)

(28.3)

Interest income

0.4

0.1

Other income (loss), net

3.0

(3.4)

Income from continuing operations before income taxes

159.8

156.9

Income tax provision

61.6

60.7

Net income from continuing operations

98.2

96.2

Loss from discontinued operations, net of income taxes

(0.1)

(0.3)

Net income

$

98.1

$

95.9

Diluted earnings (loss) per share*:

Continuing operations

$

0.97

$

0.90

Discontinued operations

$

$

Net income

$

0.97

$

0.89

Weighted average common shares outstanding

101.6

107.4

Common shares outstanding, net of treasury stock, at period end

101.3

103.1

* Earnings per share amounts are calculated discretely and therefore may not add up to the total due to rounding.

 AUTONATION, INC. 

 UNAUDITED SUPPLEMENTARY DATA 

 ($ in millions, except per vehicle data) 

Operating Highlights

Three Months Ended March 31,

2017

2016

$ Variance

% Variance

Revenue:

New vehicle

$

2,796.2

$

2,800.2

$

(4.0)

(0.1)

  Retail used vehicle

1,156.1

1,119.9

36.2

3.2

  Wholesale

84.8

121.7

(36.9)

(30.3)

Used vehicle

1,240.9

1,241.6

(0.7)

(0.1)

Finance and insurance, net

221.6

223.1

(1.5)

(0.7)

Total variable operations

4,258.7

4,264.9

(6.2)

(0.1)

Parts and service

845.1

820.4

24.7

3.0

Other

35.6

34.3

1.3

Total revenue

$

5,139.4

$

5,119.6

$

19.8

0.4

Gross profit:

New vehicle

$

144.3

$

149.2

$

(4.9)

(3.3)

  Retail used vehicle

74.9

93.7

(18.8)

(20.1)

  Wholesale

2.1

(2.7)

4.8

Used vehicle

77.0

91.0

(14.0)

(15.4)

Finance and insurance

221.6

223.1

(1.5)

(0.7)

Total variable operations

442.9

463.3

(20.4)

(4.4)

Parts and service

371.0

354.7

16.3

4.6

Other

5.9

7.9

(2.0)

Total gross profit

819.8

825.9

(6.1)

(0.7)

Selling, general, and administrative expenses

595.3

588.7

(6.6)

(1.1)

Depreciation and amortization

37.3

34.8

(2.5)

Other income, net

(19.5)

(5.0)

14.5

 Operating income 

206.7

207.4

(0.7)

(0.3)

Non-operating income (expense) items:

Floorplan interest expense

(21.5)

(18.9)

(2.6)

Other interest expense

(28.8)

(28.3)

(0.5)

Interest income

0.4

0.1

0.3

Other income (loss), net

3.0

(3.4)

6.4

Income from continuing operations before income taxes

$

159.8

$

156.9

$

2.9

1.8

Retail vehicle unit sales:

New 

75,798

79,007

(3,209)

(4.1)

Used

60,608

58,103

2,505

4.3

136,406

137,110

(704)

(0.5)

Revenue per vehicle retailed:

New 

$

36,890

$

35,442

$

1,448

4.1

Used

$

19,075

$

19,274

$

(199)

(1.0)

Gross profit per vehicle retailed:

New 

$

1,904

$

1,888

$

16

0.8

Used

$

1,236

$

1,613

$

(377)

(23.4)

Finance and insurance

$

1,625

$

1,627

$

(2)

(0.1)

Total variable operations(1)

$

3,232

$

3,399

$

(167)

(4.9)

Operating Percentages

 Three Months Ended March 31, 

2017 (%)

2016 (%)

Revenue mix percentages:

New vehicle

54.4

54.7

Used vehicle

24.1

24.3

Parts and service

16.4

16.0

Finance and insurance, net

4.3

4.4

Other

0.8

0.6

100.0

100.0

Gross profit mix percentages:

New vehicle

17.6

18.1

Used vehicle

9.4

11.0

Parts and service

45.3

42.9

Finance and insurance

27.0

27.0

Other

0.7

1.0

100.0

100.0

Operating items as a percentage of revenue:

Gross profit:

   New vehicle

5.2

5.3

   Used vehicle – retail

6.5

8.4

   Parts and service

43.9

43.2

   Total

16.0

16.1

Selling, general, and administrative expenses

11.6

11.5

Operating income

4.0

4.1

Operating items as a percentage of total gross profit:

Selling, general, and administrative expenses

72.6

71.3

Operating income

25.2

25.1

(1)

Total variable operations gross profit per vehicle retailed is calculated by dividing the sum of new vehicle, retail used vehicle, and finance and insurance gross profit by total retail vehicle unit sales.

 AUTONATION, INC. 

 UNAUDITED SUPPLEMENTARY DATA 

 ($ in millions) 

Segment Operating Highlights

Three Months Ended March 31,

2017

2016

$ Variance

% Variance

Revenue:

Domestic

$

1,800.8

$

1,848.2

$

(47.4)

(2.6)

Import

1,631.7

1,675.0

(43.3)

(2.6)

Premium luxury

1,616.6

1,540.3

76.3

5.0

    Total

5,049.1

5,063.5

(14.4)

(0.3)

Corporate and other

90.3

56.1

34.2

61.0

    Total consolidated revenue

$

5,139.4

$

5,119.6

$

19.8

0.4

Segment income*:

Domestic

$

61.4

$

77.4

$

(16.0)

(20.7)

Import

71.7

76.1

(4.4)

(5.8)

Premium luxury

80.5

83.0

(2.5)

(3.0)

    Total 

213.6

236.5

(22.9)

(9.7)

Corporate and other

(28.4)

(48.0)

19.6

Add:  Floorplan interest expense

21.5

18.9

2.6

Operating income

$

206.7

$

207.4

$

(0.7)

(0.3)

* Segment income represents income for each of our reportable segments and is defined as operating income less floorplan interest expense.

Retail new vehicle unit sales:

Domestic

26,259

27,736

(1,477)

(5.3)

Import

34,315

35,781

(1,466)

(4.1)

Premium luxury

15,224

15,490

(266)

(1.7)

75,798

79,007

(3,209)

(4.1)

Brand Mix – New Vehicle Retail Units Sold

 Three Months Ended March 31, 

2017 (%)

2016 (%)

Domestic:

   Ford, Lincoln

13.9

15.2

   Chevrolet, Buick, Cadillac, GMC

10.8

11.3

   Chrysler, Dodge, Jeep, Ram

9.9

8.6

     Domestic total

34.6

35.1

Import:

   Toyota

18.0

17.3

   Honda

13.0

11.9

   Nissan

7.3

9.1

   Other Import

7.0

7.0

     Import total

45.3

45.3

Premium Luxury:

   Mercedes-Benz

8.1

8.2

   BMW

4.7

4.2

   Lexus

2.5

3.0

   Audi

2.2

2.0

   Other Premium Luxury (Land Rover, Porsche)

2.6

2.2

     Premium Luxury total

20.1

19.6

100.0

100.0

 AUTONATION, INC. 

 UNAUDITED SUPPLEMENTARY DATA, Continued 

 ($ in millions) 

Capital Expenditures / Stock Repurchases

 Three Months Ended March 31, 

2017

2016

Capital expenditures (1)

$

86.8

$

50.7

Cash paid for acquisitions, net of cash acquired (2)

$

5.8

$

256.6

Proceeds from exercises of stock options

$

21.5

$

0.6

Stock repurchases:

Aggregate purchase price

$

$

370.6

Shares repurchased (in millions)

7.9

Floorplan Assistance and Expense

 Three Months Ended March 31, 

2017

2016

 Variance 

Floorplan assistance earned (included in cost of sales)

$

28.3

$

29.3

$

(1.0)

New vehicle floorplan interest expense

(20.2)

(17.9)

(2.3)

Net new vehicle inventory carrying benefit

$

8.1

$

11.4

$

(3.3)

Balance Sheet and Other Highlights

March 31, 2017

December 31, 2016

March 31, 2016

Cash and cash equivalents

$

56.3

$

64.8

$

47.8

Inventory

$

3,692.6

$

3,520.1

$

3,927.8

Total floorplan notes payable

$

3,868.5

$

3,849.2

$

4,039.4

Non-vehicle debt

$

2,546.2

$

2,720.6

$

2,680.5

Equity

$

2,434.2

$

2,310.3

$

2,090.6

New days supply (industry standard of selling days) 

 71 days 

 61 days 

 81 days 

Used days supply (trailing calendar month days) 

 37 days 

 44 days 

 39 days 

  Key Credit Agreement Covenant Compliance Calculations(3)

Leverage ratio

 2.56x 

Covenant

less than or equal to

 3.75x 

Capitalization ratio

61.7%

Covenant

less than or equal to

70.0%

(1) 

Includes accrued construction in progress and excludes property associated with capital leases entered into during the period.

(2) 

Excludes capital leases and deferred purchase price commitments.

(3) 

Calculated in accordance with our credit agreement as filed with the SEC.

 AUTONATION, INC. 

 UNAUDITED SAME STORE DATA 

 ($ in millions, except per vehicle data) 

Operating Highlights

Three Months Ended March 31,

2017

2016

$ Variance

% Variance

Revenue:

New vehicle

$

2,701.0

$

2,718.1

$

(17.1)

(0.6)

  Retail used vehicle

1,127.9

1,086.2

41.7

3.8

  Wholesale

79.7

117.7

(38.0)

(32.3)

Used vehicle

1,207.6

1,203.9

3.7

0.3

Finance and insurance, net

216.9

217.7

(0.8)

(0.4)

Total variable operations

4,125.5

4,139.7

(14.2)

(0.3)

Parts and service

820.3

794.9

25.4

3.2

Other

35.5

34.2

1.3

Total revenue

$

4,981.3

$

4,968.8

$

12.5

0.3

Gross profit:

New vehicle

$

138.9

$

146.8

$

(7.9)

(5.4)

  Retail used vehicle

73.5

91.3

(17.8)

(19.5)

  Wholesale

1.9

(2.4)

4.3

Used vehicle

75.4

88.9

(13.5)

(15.2)

Finance and insurance

216.9

217.7

(0.8)

(0.4)

Total variable operations

431.2

453.4

(22.2)

(4.9)

Parts and service

360.8

343.5

17.3

5.0

Other

5.8

7.6

(1.8)

Total gross profit

$

797.8

$

804.5

$

(6.7)

(0.8)

Retail vehicle unit sales:

New 

73,639

76,246

(2,607)

(3.4)

Used

59,131

55,960

3,171

5.7

132,770

132,206

564

0.4

Revenue per vehicle retailed:

New 

$

36,679

$

35,649

$

1,030

2.9

Used

$

19,075

$

19,410

$

(335)

(1.7)

Gross profit per vehicle retailed:

New 

$

1,886

$

1,925

$

(39)

(2.0)

Used

$

1,243

$

1,632

$

(389)

(23.8)

Finance and insurance

$

1,634

$

1,647

$

(13)

(0.8)

Total variable operations(1)

$

3,233

$

3,448

$

(215)

(6.2)

Operating Percentages

 Three Months Ended March 31, 

2017 (%)

2016 (%)

Revenue mix percentages:

New vehicle

54.2

54.7

Used vehicle

24.2

24.2

Parts and service

16.5

16.0

Finance and insurance, net

4.4

4.4

Other

0.7

0.7

100.0

100.0

Gross profit mix percentages:

New vehicle

17.4

18.2

Used vehicle

9.5

11.1

Parts and service

45.2

42.7

Finance and insurance

27.2

27.1

Other

0.7

0.9

100.0

100.0

Operating items as a percentage of revenue:

Gross profit:

   New vehicle

5.1

5.4

   Used vehicle – retail

6.5

8.4

   Parts and service

44.0

43.2

   Total

16.0

16.2

(1)

Total variable operations gross profit per vehicle retailed is calculated by dividing the sum of new vehicle, retail used vehicle, and finance and insurance gross profit by total retail vehicle unit sales.

To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/autonation-reports-first-quarter-2017-results-300444498.html

SOURCE AutoNation, Inc.

Related Links

http://www.autonation.com

Smart Clothing Market Supply and Consumption 2017 Market Research Report

In this report, the global Smart Clothing market is valued at USD XX million in 2016 and is expected to reach USD XX million by the end of 2022, growing at a CAGR of XX% between 2016 and 2022.

 

Geographically, this report split global into several key Regions, with sales (K Units), revenue (Million USD), market share and growth rate of Smart Clothing for these regions, from 2012 to 2022 (forecast), covering

United States

China

Europe

Japan

Southeast Asia

India

 

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Global Smart Clothing market competition by top manufacturers/players, with Smart Clothing sales volume, Price (USD/Unit), revenue (Million USD) and market share for each manufacturer/player; the top players including

Heddoko

Ralph Lauren

Hexoskin

Cityzen Sciences

Gymi

Xsensio

Athos

AiQ Smart Clothing

On the basis of product, this report displays the sales volume (K Units), revenue (Million USD), product price (USD/Unit), market share and growth rate of each type, primarily split into

Adult Smart Clothing

Children Smart Clothing

On the basis on the end users/applications, this report focuses on the status and outlook for major applications/end users, sales volume, market share and growth rate of Smart Clothing for each application, including

Diving Clothing

Protective Clothing

Medical Clothing

Other

 

Table of Content: Key Points

 

Global Smart Clothing Sales Market Report 2017

1 Smart Clothing Market Overview            

1.1 Product Overview and Scope of Smart Clothing

1.2 Classification of Smart Clothing by Product Category

1.2.1 Global Smart Clothing Market Size (Sales) Comparison by Type (2012-2022)

1.2.2 Global Smart Clothing Market Size (Sales) Market Share by Type (Product Category) in 2016

1.2.3 Adult Smart Clothing

1.2.4 Children Smart Clothing

1.3 Global Smart Clothing Market by Application/End Users

1.3.1 Global Smart Clothing Sales (Volume) and Market Share Comparison by Application (2012-2022)

1.3.2 Diving Clothing

1.3.3 Protective Clothing

1.3.4 Medical Clothing

1.3.5 Other

1.4 Global Smart Clothing Market by Region

1.4.1 Global Smart Clothing Market Size (Value) Comparison by Region (2012-2022)

1.4.2 United States Smart Clothing Status and Prospect (2012-2022)

1.4.3 China Smart Clothing Status and Prospect (2012-2022)

1.4.4 Europe Smart Clothing Status and Prospect (2012-2022)

1.4.5 Japan Smart Clothing Status and Prospect (2012-2022)

1.4.6 Southeast Asia Smart Clothing Status and Prospect (2012-2022)

1.4.7 India Smart Clothing Status and Prospect (2012-2022)

1.5 Global Market Size (Value and Volume) of Smart Clothing (2012-2022)

1.5.1 Global Smart Clothing Sales and Growth Rate (2012-2022)

1.5.2 Global Smart Clothing Revenue and Growth Rate (2012-2022)

 

9 Global Smart Clothing Players/Suppliers Profiles and Sales Data

9.1 Heddoko

9.1.1 Company Basic Information, Manufacturing Base and Competitors

9.1.2 Smart Clothing Product Category, Application and Specification

9.1.2.1 Product A

9.1.2.2 Product B

9.1.3 Heddoko Smart Clothing Sales, Revenue, Price and Gross Margin (2012-2017)

9.1.4 Main Business/Business Overview

9.2 Ralph Lauren

9.2.1 Company Basic Information, Manufacturing Base and Competitors

9.2.2 Smart Clothing Product Category, Application and Specification

9.2.2.1 Product A

9.2.2.2 Product B

9.2.3 Ralph Lauren Smart Clothing Sales, Revenue, Price and Gross Margin (2012-2017)

9.2.4 Main Business/Business Overview

9.3 Hexoskin

9.3.1 Company Basic Information, Manufacturing Base and Competitors

9.3.2 Smart Clothing Product Category, Application and Specification

9.3.2.1 Product A

9.3.2.2 Product B

9.3.3 Hexoskin Smart Clothing Sales, Revenue, Price and Gross Margin (2012-2017)

9.3.4 Main Business/Business Overview

9.4 Cityzen Sciences

9.4.1 Company Basic Information, Manufacturing Base and Competitors

9.4.2 Smart Clothing Product Category, Application and Specification

9.4.2.1 Product A

9.4.2.2 Product B

9.4.3 Cityzen Sciences Smart Clothing Sales, Revenue, Price and Gross Margin (2012-2017)

9.4.4 Main Business/Business Overview

9.5 Gymi

9.5.1 Company Basic Information, Manufacturing Base and Competitors

9.5.2 Smart Clothing Product Category, Application and Specification

9.5.2.1 Product A

9.5.2.2 Product B

…Continued        

 

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Two-factor Biometrics Market Growth Forecast Analysis by Manufacturers, Regions, Type and Application to 2021

The Two-factor Biometrics Market Report Forecast 2017-2021 is a valuable source of understanding data for business strategies. Global Two-factor Biometrics Market overview with growth analysis and historical & futuristic cost, revenue, demand and supply data. The research analysts provide an elaborate description of the value chain and its distributor analysis. This Two-factor Biometrics industry provides comprehensive data which enhances the understanding, scope and application of this report.

Analysts forecast the Global Two-factor Biometrics Market to grow at a CAGR of 22.87% during the period 2017-2021.

Browse more detail information about Two-factor Biometrics Report at: http://www.absolutereports.com/global-two-factor-biometrics-market-2016-2020-10338620

The global IVR system market is highly competitive and diversified due to the presence of many regional and international vendors across the globe. Two-factor Biometrics Market Report is a meticulous investigation of current scenario of the global market, which covers several market dynamics.

Get a PDF Sample of Two-factor Biometrics Research Report at: http://www.absolutereports.com/enquiry/request-sample/10338620

Key Manufacturers of Two-factor Biometrics Market:

  • EMC
  • Entrust
  • Gemalto
  • VASCO
  • Authenex
  • Authentify

And Other

Global Two-factor Biometrics Market report provides key statistics on the market status of the Two-factor Biometrics manufacturers and is a valuable source of guidance and direction for companies and individuals interested in the industry.

Market driver

  • Growing number of online transactions
  • For a full, detailed list, view our report

Market challenge

  • Vulnerability of hardware devices to physical damage
  • For a full, detailed list, view our report

Market trend

  • Increasing adoption of two-factor biometrics by SMBs
  • For a full, detailed list, view our report

Get Discount on Two-factor Biometrics Research Report at: http://www.absolutereports.com/enquiry/request-discount/10338620   

Geographical Segmentation of Two-factor Biometrics Market:

  • APAC
  • Europe
  • MEA
  • North America
  • South America

The Two-factor Biometrics report also presents the vendor landscape and a corresponding detailed analysis of the major vendors operating in the market. Two-factor Biometrics report scrutinizes the market latent for each geographical region based on the development rate, macroeconomic parameters, consumer buying patterns, and market demand and supply scenarios.

Key questions answered in Two-factor Biometrics market report:

  • What are the key trends in Market?
  • What are the Growth Restraints of this market?
  • What will the market size & growth be in 2021?
  • Who are the key manufacturer in this market space?
  • What are the Market opportunities, market risk and market overview?
  • How revenue of this Industry in previous & next coming years?

Two-factor Biometrics Market report then estimates 2017-2021 market development trends of Industry. Analysis of upstream raw materials, downstream demand, and current market dynamics is also carried out. In the end, the report makes some important proposals for a new project of Two-factor Biometrics Market before evaluating its feasibility.

And continued….

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Price Of Report: $2500 (Single User Licence)

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Central 1 choisit le logiciel d’analyse de risques d’Armanta pour solutions de liquidités, crédits et norme IFRS 9

VANCOUVER, Colombie-Britannique, 25 avril 2017 /PRNewswire/ — Armanta Corporation a annoncé aujourd’hui un accord avec Central 1 selon lequel Armanta fournira son logiciel avancé d’analyses. Armanta est une plate-forme qui peut offrir une solution complète et intégrée pour analyse dynamique de risque, élaboration de comptes-rendus, scénarios de simulation, visualisation, interactivité, intégration commerciale et informations de contrepartie comme base d’analyse.

Points forts :

  • En avril 2016, la solution de Central 1 pour la norme IFRS 9, intégrée dans la plate-forme d’Armanta, a été choisie comme fournisseur à l’échelle nationale de solutions pour les coopératives de crédit par la National Initiative (« État de préparation de l’IFRS 9 pour les coopératives de crédit »).
  • La technologie d’Armanta a été utilisée comme plate-forme interne de soutien pour les besoins de Central 1 en liquidités, gestion actif-passif et crédit.
  • Ces solutions non seulement sont à la hauteur pour répondre aux exigences des réglementations, mais encore offrent à leurs utilisateurs des perspectives approfondies grâce à des capacités sophistiquées de simulation et une transparence de données à tous les niveaux de l’organisation.

« La technologie d’Armanta nous a permis de répondre à de multiples besoins technologiques, tant internes et que vis-à-vis du contact avec la clientèle grâce à des plans agressifs à la fois en matière de possibilités et de délais », a commenté Michel Labelle, directeur de la stratégie de technologie chez Central 1.

« Les services financiers et autres industries sont de plus en plus sous pression pour rapidement comprendre, analyser et répondre au marché et aux conditions de concurrence », a souligné Peter Chirlian, PDG d’Armanta. « Les entreprises exigent de nos jours des approches dynamiques, modulables et qui leur permettent de savoir où elles se situent afin de pouvoir prendre des décisions plus éclairées, fondées sur une véritable analyse plutôt que sur de simples rapports. Nous apprécions la confiance que Central 1 a mise dans notre approche. »

À propos d’Armanta Corporation

Fondée en 2001, Armanta propose et déploie des logiciels d’entreprise traitant les défis analytiques pour que les applications, calculs, analyses et comptes-rendus soient au service de l’entreprise globale et des besoins de gestion de notre temps. Avec une expérience substantielle dans le déploiement rapide de solutions analytiques au profil de ses entreprises clientes, Armanta se concentre sur les industries fortement consommatrices d’informations comme les services financiers, les médias et communications, les sciences de la santé, le commerce de détail, les chaînes de fabrication et d’approvisionnement, les services d’utilités et les administrations.

SOURCE Armanta

Related Links

http://www.armanta.com

BizBash Live Returns To South Florida On May 4 With The Newest Ideas And Innovations In Events

MIAMI, April 25, 2017 /PRNewswire/ — On May 4, BizBash Live returns to the Fort Lauderdale Convention Center with a new roster of industry all-stars, ideas, and inspiration for events. BizBash Live brings together nearly 1,500 event professionals for one day, including hundreds of vendors to be located in the Exhibit Hall, and top speakers in the Event Innovation Forum. Event professionals who come to BizBash, looking for their „AHA” moment will discover new technologies, fund-raising tools, new venues, and more.

Eventbots (by Sciensio) will take center stage at BizBash Live with Betty the BizBash Eventbot, who will enhance the attendee’s experience with an easy Q&A interface, becoming the „customer service bot.” Swell Fundraising, a new software for nonprofits, will showcase the power of peer-to-peer connectivity and social media amplification with its new platform, while Gifn will allow attendees to share photobooth pics with their networks. Stormz will demonstrate a new technology that transforms seminars into collaborative environments, while Hurdl will showcase light-up, wearable technology.

The renowned Event Innovation Forum and Workshop Series return with presentations from  innovators, including Michael Blatter of Mirrorball; David Sinopoli of III Points: Music, Art, and Technology Festival; Cassandra Clark from Facebook; Christopher Pastor from the Pérez Art Museum Miami; Michael Schwartz of Michael Schwartz Events; and DJ Saul from iStrategyLabs. A new „Food for Thought” luncheon, produced by Kelly Murphy of Events on the Loose and featuring Chef Brian Aaron of Aaron’s Catering, will discuss the importance of using locally sourced, fresh ingredients.

Decor ideas will be presented by leading names, including Fantasy Designers, Totally Mod Event Furnishings, Decora & Imperial Event Rentals, Scenic Elementz, TS Productions, and Events on the Loose. Caterers such as Michael Schwartz Events and Chef David Schwadron Cuisine & Event Design will provide tastings, while PSAV South Florida, Light F/X Pros, and AVER Productions will showcase important audiovisual and lighting tools.

The full list of speakers, exhibitors, and registration information can be found at www.bizbash.com/expofl. BizBash acknowledges the Greater Fort Lauderdale CVB: Meet Sunny, the Greater Fort Lauderdale/Broward County Convention Center, Expo Convention Contractors, T. Skorman Production, Boomset, CadmiumCD, Savor…Catering, and Swoogo for their support.

To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/bizbash-live-returns-to-south-florida-on-may-4-with-the-newest-ideas-and-innovations-in-events-300444896.html

SOURCE BizBash

Related Links

http://www.bizbash.com